Willis Towers Watson Taps New Leader U.S. Defined Contribution Plan Business

\Willis Towers Watson has appointed Michele Brennan as U.S. Delegated Defined Contribution (DC) Plan Solutions leader, according to a release from the firm. Brennan is based in Chicago and reports to Clint Cary, U.S. head of Delegated Investment Solutions. Brennan has 25 years of experience in various consultant relations, business development, marketing and client servicing …

Pension, E&F Investment Pros Cautiously Optimistic on Hedge Funds

Though just five percent (or 400) of 8,000 hedge funds (HFs) are even considered investable, according to Joe Marenda, a managing director and hedge fund specialist at Cambridge Associates, “the beauty [of hedge funds] is really in the eye of the beholder—based on portfolio need,” he said. Though institutional investors are currently holding their allocations …

Asset Owners Must Reconsider Business Models to Succeed in the Future: Consultant’s Report

Asset owners looking to succeed in a world of substantial changes in technology, demography, globalization, environment and social norms will need to significantly reposition their business, operating and investment models, according to new research from global advisory broking and solutions company, Willis Towers Watson. In a just-released paper, titled The Asset Owner of Tomorrow, the …